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Principles of Macroeconomics Exam #2 Review – Guided Study Notes

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Required Reserves and the Deposit Multiplier

Introduction to the Federal Reserve

The Federal Reserve and the Money Supply

Monetary Policy and Aggregate Demand

Expansionary and Contractionary Monetary Policy

Introduction to Fiscal Policy

Expansionary and Contractionary Fiscal Policy

Aggregate Demand

Short Run Aggregate Supply

Long Run Aggregate Supply

Shifting Short Run Aggregate Supply